Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, ...
Bridge Loans in Lewiston, Idaho
A total of 37 results for private money bridge lenders were found in Lewiston, ID. The average loan made to borrowers is around $270,625. The average interest rate for hard money loans in Lewiston is 10.7%. 21 months is the average term for loans issued in the city. The mean origination fee added to loans is 4.3%. Lenders in Lewiston average a 73% LTV on their deals.
Loan Example 1
Sunrise Lending Company issues a private money bridge loan to Desiree for a remodeling project in Lewiston, ID, on a house that is listed for $320,000. As the lender agrees to a 85% loan to value, Desiree will need to put 15% down and the total amount of the note will be $272,000. The loan also includes these features: 1) a 12 month length, 2) a 10% interest only note, and 3) a three point origination charge.
Desiree must bring a total of $32,400 up front to pay the $48,000 down payment plus the $8,160 origination fee. Once the loan is closed and Desiree takes the project, she will have to begin making payments each month of $2,267 to Sunrise Lending Company ($272,000 principle x 10% / 12 months). Desiree 's intention is to finish the renovation by the end of the 12 months and re-sell it for $384,000. If she succeeds she will make a profit of $28,640 ($384,000 price - $272,000 principle amount - $48,000 cash paid at closing - $8,160 origination fee - $27,200 in total interest.
Loan Example 2
Clara is a an investor in Lewiston, ID. She buys an older property for a rehab project and takes out a bridge loan from Hometown Investment Company with the following features:
a) A $370,000 purchase price, b) a 75% loan-to-value (LTV), c) a 12 month term, d) a 9% interest rate, and e) a 4% origination fee.
If Clara accomplishes her goal of a $462,500 sales price, the outcome of the deal will be the following:
$462,500 sales price
- $277,500 principle (75% LTV)
- $92,500 down payment (25% on 75% LTV)
- $11,100 origination fee (4% of the $277,500 principle)
- $24,975 total interest paid (12 months x 9% interest)
-----------------------
= $56,425 total profit (doesn't include taxes or renovation costs)
Secured Investment Lending is private lender headquartered in Lake Mary, FL. They provide funding in 49 states throughout the country. They provide lending solutions for a variety of scenarios, including short term bridge loans, commercial loans, cash ...
T&M Commercial Funding is an Auburn, ME based private lender who provides loans in 47 states across the US. They provide lending solutions for a variety of situations and needs, including bridge loans and commercial hard money loans. ...
Fairfield Financial Services
Portland, OR
Fairfield Financial Services is private lender headquartered in Portland, OR. They provide funding in 11 states across the United States. They offer private commercial loans, hard money refinancing, fix-and-flip hard money loans, and short term bridge ...
Capstone Financial is a Scottsdale, AZ based hard money lender who provides loans all across the US. They provide lending solutions for a variety of needs and situations, including cash out loans, fix and flip hard money loans, short ...
Primeau Funding is hard money lender based in Scottsale, AZ. They provide loans across the United States. They provide short term bridge loans, ground up construction loans, commercial loans, and fix-and-flip hard money loans. They ...
Gokapital Mortgage is a Miami, FL based private lender who provides funding all throughout the US. They provide lending solutions for a variety of situations, including loans for rental properties, cash out hard money loans, fix-and-flip loans, hard money ...
Global Capital Partners is a New York, NY based private lender. They provide funding across the US. They offer hard money bridge loans, hard money construction loans, refinancing, fix-and-flip loans, hard money loans for commercial properties, and ...
LendingOne is a Boca Raton, FL based private money lender. They provide loans in 41 states throughout the country. They provide loans for investments properties, short term loans, and short term fix and flip loans. They ...
Cherrywood Commercial is a Diamnond Bar, CA based private money lender who provides loans in 48 states throughout the United States. They provide lending solutions for many different situations, including short term bridge loans and commercial hard money loans. ...
Sharestates is a Great Neck, NY based hard money lender. They provide loans in 46 states across the US. They offer lending solutions for a variety of needs and situations, including hard money loans for commercial properties, fix ...
Westar Funding is private lender headquartered in Mukilteo, WA. They offer loans in Washington, Oregon, and Idaho. They provide commercial loans, short term loans, hard money construction loans, and fix-and-flip loans. They offer ...
Exile Capital is a hard money lender based in Boise, ID providing funding in Idaho. They offer commercial loans, bridge loans, and construction loans. Their lending parameters are versatile, including terms between 1 month and 1 ...
Legacy Group Capital is private money lender headquartered in Bellevue, WA. They offer funding in Washington, Idaho, Arizona, and Oregon. They provide loans for a variety of scenarios, including commercial hard money loans, short term fix ...
Based in Colorado Springs, CO, Red Rock Capital is a private money lender providing loans in 42 states across the United States. They offer construction loans, bridge loans, fix-and-flip loans, and loans for investments properties. Their loan ...
ICG10 Capital is private lender headquartered in Aventura, FL. They offer loans in 44 states throughout the United States. They offer loans for many different scenarios, including short term loans, buy and hold loans, short term fix ...
Island View Private Loan Fund is a hard money lender based in Colorado Springs, CO offering funding in 42 states across the US. They offer lending solutions for a variety of situations and needs, including fix and flip hard ...
Asset Avenue
1100 Glendon Ave, 18th Floor
Los Angeles, CA 90024
Asset Avenue is private money lender based in Los Angeles, CA. They provide loans in 44 states across the United States. They provide loans for a variety of needs and situations, including short term loans, investment property ...
Payette Financial Services is a Boise, ID based hard money lender offering loans in 10 states throughout the United States. They provide loans for a variety of needs and situations, including short term fix and flip loans, cash out ...
Allied Commercial Funding is private lender headquartered in Agoura Hills, CA. They provide funding in 43 states throughout the US. They provide lending solutions for a variety of situations and needs, including hard money loans for commercial ...
Eastside Funding is a Kirkland, WA based private money lender. They offer loans throughout Washington, Oregon, and Idaho. They offer lending solutions for a variety of situations, including commercial loans, short term loans, fix-and-flip hard money loans, ...
Headquartered in Seattle, WA, Mortgage Equities Inc is an asset-based lender offering loans throughout Washington, Oregon, and Idaho. They provide loans for many different needs and situations, including ground up construction loans, bridge loans, and commercial hard ...
Veristone Mortgage is private lender headquartered in Meridian, ID. They offer loans throughout Oregon, Washington, and Idaho. They provide loans for a variety of scenarios, including short term fix and flip loans, construction loans, hard money ...
Based in Arcadia, CA, Level 4 Funding is a private lender providing loans in 8 states across the country. They offer cash out hard money loans, short term bridge loans, construction loans, rental property loans, private commercial loans, ...
Headquartered in Neenah, WI, Peak Choice Capital is a private lender providing funding in 45 states throughout the US. They offer short term bridge loans, buy and hold loans, cash out loans, fix-and-flip loans, and private commercial loans. ...
Based in Johnson City, TN, Riverdale Funding is a hard money lender offering loans in 37 states across the country. They provide lending solutions for a variety of scenarios, including loans for investments properties, commercial hard money loans, fix ...
Headquartered in Salt Lake City, UT, Taylor Derrick Capital is a hard money lender offering funding in 10 states across the country. They provide lending solutions for a variety of scenarios, including commercial loans, loans for rental properties, hard ...
Blue Matrix Holdings LLC is a Lakewood, WA based private lender who offers loans throughout Washington and Idaho. They offer loans for many different scenarios, including long term rental property loans, short term loans, short term fix and flip ...
Sunset Equity Funding is a hard money lender based in Los Angeles, California. They issue loans in all states except for Alaska, North Dakota, and South Dakota. Their loan offerings include purchase loans, fix and flip loans, new ...
Alternative Financial Services is a Spokane, WA based private lender providing funding throughout Washington, Idaho, Wyoming, and Arizona. They offer loans for many different situations, including fix-and-flip loans, short term bridge loans, construction loans, and private commercial ...
Private Capital Northwest is hard money lender based in Lynwood, WA. They provide funding throughout Washington, Oregon, and Idaho. They provide short term bridge loans, hard money loans for commercial properties, builder loans, and short ...
Nova Bridge Capital is a private money lender headquartered in New York, NY offering funding throughout the country. They provide rental property loans, cash out loans, fix-and-flip hard money loans, short term loans, and commercial hard money loans. ...
Rodeo Capital Inc is private lender headquartered in Los Angeles, CA. They provide loans throughout the US. They offer lending solutions for many different situations, including refinancing, short term bridge loans, hard money construction loans, fix and ...
Direct Money Lenders is an Indianapolis, IN based hard money lender providing funding across the country. They provide loans for many different situations, including cash out hard money loans, hard money bridge loans, commercial loans, and fix and ...
A10 Capital is a Boise, ID based private money lender. They offer loans all throughout the United States. They provide commercial loans and short term bridge loans. Their lending parameters are versatile, including terms between 3 ...
Pangea Mortgage Capital is private money lender based in Chicago, IL. They provide funding throughout the country. They provide lending solutions for a variety of situations, including fix and flip loans, loans for investments properties, and ...
United Capital Companies is a hard money lender headquartered in San Diego, CA providing funding all throughout the US. They provide fix-and-flip loans, short term loans, and investment property loans. Their loan parameters are versatile, including ...
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